Citizens Bank Of Pennsylvania SBA Loan to Computer And Office Machine Repair And Maintenance Company

An SBA loan from Citizens Bank Of Pennsylvania typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Upper Darby, Pennsylvania business owner got a $100,000 loan.

This growing company knew how to go about getting a business bank loan. Based in Upper Darby, Pennsylvania, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Citizens Bank Of Pennsylvania, based in Philadelphia, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND OFFICE MACHINE REPAIR AND MAINTENANCE
UPPER DARBY, PA 19082

SBA Loan Lender

CITIZENS BANK OF PENNSYLVANIA
2001 MARKET ST, STE 600
PHILADELPHIA, PA 19103

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

811212 - Computer and Office Machine Repair and Maintenance

Loan Approval Date

9/27/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 21 employees. The loan application indicated that the loan would help retain 21 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Bank Of Pennsylvania and they will explain how you can get an SBA loan for your company.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

SBIR Funding

Banks in Philadelphia, Pennsylvania

Pennsylvania SBA 7A Lenders